Published 17 days ago • loading... • Updated 15 days ago

Hydrogen-Truck Maker Nikola Nears Bankruptcy Filing

Summary

Nikola, the much-hyped hydrogen-truck maker that was briefly valued more than Ford Motor, is nearing a bankruptcy filing, according to people familiar with the matter. Phoenix-based Nikola has been working with its law firm Pillsbury Winthrop Shaw Pittman to explore options that could include a sale or restructuring of the company in bankruptcy, the people said.

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RTTNews

Nikola Reportedly Considers Potential Chapter 11 Bankruptcy Filing Amid Cash Struggles

(RTTNews) - Nikola Corp. (NKLA), the electric vehicle manufacturer, is exploring the possibility of filing for bankruptcy under Chapter 11, according to several media reports citing people familiar with the matter.

16 days ago

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Barron's

Nikola Stock Plunges on Report It’s Nearing Bankruptcy

Hydrogen and electric truck technology company Nikola is nearing a bankruptcy filing, according to The Wall Street Journal.

16 days ago·New York, United States

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Wall Street Journal

Hydrogen-Truck Maker Nikola Nears Bankruptcy Filing

The company, once worth $30 billion, is working with advisers on restructuring options

16 days ago·New York, United States

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Bloomberg

+3 Reposted by 3 other sources

Nikola Considers Bankruptcy, Capping EV Maker’s Wild Ride

Nikola Corp. is exploring a possible bankruptcy filing, according to people familiar with the matter, following a tumultuous period in which the electric truck maker has swung between stock-market darling and scandal-plagued enterprise.

16 days ago·United States

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